1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ehidna [41]
3 years ago
8

Lowe’s learned that 25 percent of the time its customers buy a garden hose, they also purchase a sprinkler. Patterns and relatio

nships like this are discovered through a technique called
Business
2 answers:
podryga [215]3 years ago
3 0

Answer: Data mining

Explanation: Patterns and relationships as indicated are discovered through a technique known as data mining, which is defined as the use of a variety of statistical analysis tools in marketing research to uncover previously unknown patterns in data or relationships among variables. It is also given as a technique for searching large scale databases for patterns; used mainly to find previously unknown correlations between variables that may be commercially useful.

dybincka [34]3 years ago
3 0

Answer:

Data mining

Explanation:

Data mining deals with companies converting raw data into useful information. This is achieved by using softwares to look for consistent patterns in large volumes of data.

It is useful in business as they learn more about their customers and develop more effective marketing strategies which in turn increases sales and decreases costs.

You might be interested in
Sunland Inc. took a physical inventory at the end of the year and determined that $789000 of goods were on hand. In addition, Su
GenaCL600 [577]
I need points 25;!8;
4 0
2 years ago
Imagine you take a shopping trip to a flea market, and you are looking for an old record player. You know the typical antique re
Sergeu [11.5K]

The best explanation of how the principle of demand and supply has affected the price of the record player is:

  • Because there are several vending booths in the same area selling the same item, there would be a reduction in price to attract more customers.

<h3>What is Demand?</h3>

This refers to the quantity of goods which are requested by consumers at a particular time period which has an effect in the price of the good.

With this in mind, the principle of demand and supply was in effect as in the flea market, there was a reduction in price of an old record player because there was a lot of the goods in a location.

Read more about demand and supply here:
brainly.com/question/4804206

8 0
1 year ago
You are compiling Bertram Boat’s balance sheet. According to your calculations, Bertram has current assets of $85,000 and proper
iragen [17]

Answer:

$318,000

Explanation:

The computation of the total assets is shown below:

= Current assets +  property, plant, and equipment - difference in amount

= $85,000 + $235,000 - $2,000

= $318,000

The difference of amount is

= Account receivable - collected amount

= $50,000 - $48,000

= $2,000

Since the current asset is already given so we considered the difference in amount to find out the total asset.

3 0
3 years ago
When money is acting as a store of value, it allows an individual toA. exchange goods for other goods and services in the econom
Ne4ueva [31]

Answer:

The answer is (B) transfer dollars, and therefore purchasing power, into the future.  

Explanation:

A store of value is best described as a function contained in an asset that allows it to be saved, retrieved, and traded in the future. Money provides this function, alongside other forms of assets such as bonds, gemstones, and precious metals. Other functions of money, include as a medium of exchange and a unit of account.  

5 0
3 years ago
Assume a company buys a machine worth $1 million and pays for it by borrowing the funds from a bank. The firm's assets will rise
FinnZ [79.3K]

Answer:

True

Explanation:

When machine is purchased, then the assets increase by the carrying or purchase value of the machine purchased. Here, it is of $1 million.

Further, when it is purchased as against any credit, it creates a liability with the same amount.

Since here also the liability amount = $1 million, it will be recorded with the same.

As there is no involvement of Equity or Retained earnings this do not lay any impact on carrying value of owners equity.

Thus, it is True.

6 0
3 years ago
Other questions:
  • According to the rule of 72, if the GDP of the Apex Federation is growing at 1.7% per year, its economy will double in approxima
    6·1 answer
  • a person who can make decisions based on logical evidence is defined as which of the following? caretaker insurer reasonable per
    12·2 answers
  • In 2017, if the PPP per capita of China was $16,760 and the PPP per capita of the United States was $60,200, this means that the
    6·1 answer
  • The overhead costs for a company are presently $X per month. The management team of the company in cooperation with the employee
    14·1 answer
  • Hastings Entertainment has a beta of 0.65. If the market return is expected to be 11 percent and the risk-free rate is 4 percent
    5·1 answer
  • The _____ value of stock is an amount assigned per share by the corporation in its charter. In many states, this amount establis
    11·1 answer
  • Why do corporations, companies, and government agencies use formal application forms?
    5·1 answer
  • Discord? anyone? 0_0'
    7·2 answers
  • Do u think he is cute??? if so thennn.. ikrrrr he is so fineee.. but anyways just follow him on tik. t0 k
    7·2 answers
  • If the demand for a good falls when income falls, then the good is called a. a normal good. b. an ordinary good. c. a regular go
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!